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DEPARTMENT OF STATE E.O. 11652. Sec. 3(E) and 5(D) DECLASSIFIED OPTECTION NLI NARS Date 2-9-12 S E C o N D D R A F T BY August 26, 1947 Summary of Department's Position on the Content of a European Recovery Program A. Fundamental Objectives Department regards following features fundamental to U.S. concept of program: 1. Basic objective of program is to move entire area progressively from present condition to working economy independent of abnormal outside support, taking full account of basic changes in European conditions such as political developments in Eastern Europe, altered position of former colonial territories, and loss of overseas assets, merchant shipping and other prewar invisible exports. 2. Participants must take concerted efforts to foster European recovery as a whole, and show genuine readiness to make national contributions to this common goal. 3. Program must realize maximum opportunities for self-help and for mutual help within the area and thus minimize outside aid recuirements; program must therefore concentrate initially on elimination of bottlenecks and other opportunities for greatest immediate recovery at lowest cost in scarce resources. 4. Program FOP LOASH

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    "ocrText": "DEPARTMENT OF STATE\nE.O. 11652. Sec. 3(E) and 5(D)\nDECLASSIFIED\nOPTECTION\nNLI NARS Date 2-9-12\nS E C o N D D R A F T\nBY\nAugust 26, 1947\nSummary of Department's Position on the\nContent of a European Recovery Program\nA. Fundamental Objectives Department regards following\nfeatures fundamental to U.S. concept of program:\n1. Basic objective of program is to move entire area\nprogressively from present condition to working economy\nindependent of abnormal outside support, taking full account\nof basic changes in European conditions such as political\ndevelopments in Eastern Europe, altered position of former\ncolonial territories, and loss of overseas assets, merchant\nshipping and other prewar invisible exports.\n2. Participants must take concerted efforts to foster\nEuropean recovery as a whole, and show genuine readiness\nto make national contributions to this common goal.\n3. Program must realize maximum opportunities for\nself-help and for mutual help within the area and thus\nminimize outside aid recuirements; program must therefore\nconcentrate initially on elimination of bottlenecks and\nother opportunities for greatest immediate recovery at\nlowest cost in scarce resources.\n4. Program\nFOP LOASH"
}